14+ hour, 23+ min ago   (188+ words) Omani Foreign Minister Badr Albusaidi said that a meeting in Oman between ‌Gulf countries and Iran to discuss possible agreements on the Strait of Hormuz, which had been scheduled for Monday, ‌has been postponed, Reuters reported on Sunday. Albusaidi said…...

4+ day, 6+ hour ago   (416+ words) In the euro area, the ECB will announce its deposit rate. We expect the ECB to raise policy rates by 25bp, bringing the deposit rate to 2.50%, in line with consensus and market pricing. We expect Lagarde to retain full optionality over…...

5+ day, 35+ min ago   (530+ words) Bitcoin rose as much as 1.6% since midnight UTC to $79,742 as U.S. Central Command said it destroyed five Iranian oil tankers on Tuesday night and Tehran responded with missile strikes on American bases in Jordan. Brent crude topped $100 a barrel for the…...

5+ day, 2+ hour ago   (1377+ words) EU mid-market update: Iran's retaliation for the tanker strikes crosses into Jordan, crude back at July highs; Apple to unveil iPhone Duo; First-of-its-kind Republican Midterm Convention opens. - Ahead: ECB and US PPI on 10th Sept, alongside Masu's remarks and a PBOC,…...

5+ day, 5+ hour ago   (427+ words) Crude prices maintain their bullish tone on Wednesday, as the situation in the Middle East risks escalating into an all-out regional war. The US Benchmark West Texas Intermediate (WTI) has retraced previous losses to hit fresh three-month highs at $92.70, with…...

5+ day, 9+ hour ago   (421+ words) Gold is replicating the recovery move seen in Tuesday’s Asian trading, bouncing off one-week lows near $4,350 early Wednesday. However, buyers remain cautious amid widening Middle East conflict. Gold is attempting a tepid rebound, halting a three-day decline so far this…...

6+ day, 5+ hour ago   (181+ words) FXStreet Markets are starting the week after Friday’s stronger-than-expected US jobs report, which increased expectations that the Fed could raise rates at its September meeting However, US markets were closed yesterday for the Labor Day holiday, so liquidity was…...

5+ day, 23+ hour ago   (291+ words) Brent hit new multi-week high on Tuesday following fresh escalation in the Middle East which threatens to further disrupt a tiny flow through the key Strait of Hormuz supply route. The price neared psychological $100 barrier after Houthis in Yemen, backed…...

6+ day, 3+ hour ago   (388+ words) There are two big moves that are driving markets this morning, the first is the jump higher in the oil price. Brent crude oil surpassed a 6-week high and is up by 2% on Tuesday, and is trading above $99, its highest…...

6+ day, 5+ hour ago   (182+ words) FXStreet Markets are starting the week after Friday’s stronger-than-expected US jobs report, which increased expectations that the Fed could raise rates at its September meeting However, US markets were closed yesterday for the Labor Day holiday, so liquidity was…...